Stock market news

Sberbank

Sberbank's RAS net income for 3 months of 2023 was ₽350.2 billion. Net interest income rose 22.4% to ₽517.1 billion from ₽401.27 billion a year earlier.

NOVATEK

Head of Novatek Leonid Mikhelson asked the government not to take into account positive exchange rate differences in the taxable base of companies that will pay profit tax at a rate of up to 34% starting from 2023. Yamal LNG is one of those companies. Head of Novatek also asked for a deferral of payment of ₽40 billion in additional income tax for 2022, which...

Sistema

Sistema plans to sell East-West United Bank during 2023, according to the corporation's annual report. Price of the deal will be determined based on the results of an independent appraisal. Information about potential buyers of the bank is not given in the report. Sistema entered the bank's capital in 2001, and since 2018 the corporation has been the sole ow...

Inter RAO

Russia's government has determined the technical requirements for thermal generation, which will be built by Inter RAO in the Bodaibino power hub for the needs of the Eastern landfill. Plant will have a capacity of 550 MW, and the start date of power delivery is July 1, 2028. The main fuel of the TPP will be natural gas. Unit cost of operating the facility w...

Sistema

Sistema's IFRS net income for 2022 was ₽43.817 billion, down 17.6% from ₽53.182 billion in the previous year. Revenues rose 18% to ₽912.66 billion compared to ₽773.22 billion a year earlier.

TNS power Rostov-on-Don

Board of Directors of TNS Power Supply Company Rostov-on-Don recommended paying dividends for 2022 in the amount of ₽0.0476815 per common share ₽0.03149321 per preferred share. The last day to purchase securities to receive dividends is May 19, 2023. The dividend yield on common shares could be 4.22% and 3.1% on preferred shares.

Samolet Group of Companies

Developer Samolet plans to start low-rise housing projects in Istra and Pushkino near Moscow in December this year, and in Naro-Fominsk - in April next year, said Managing director of Samolet House Ivan Vinogradov. It is planned to build 911 thousand sq. m of housing in Pushkino, and 284 thousand sq. m in Istra. In Naro-Fominsk - 687 thousand square meters....

Cherkizovo Group

Cherkizovo Agro Holding will complete the modernization of one of its oldest enterprises, Ozherelyevsky Feed Milling Plant, located in the south of the Moscow region, by the end of the summer of 2023. Investments in the expansion of production will amount to more than ₽1 billion. As a result of the modernization, the production capacity of the enterprise wil...

TNS Energy Kuban

Board of Directors of TNS Energy Kuban recommended that dividends be paid for 2022 in the amount of ₽15.39 per ordinary share. The last day of the purchase of securities to receive dividends is May 18, 2023. Dividend yield may amount to 5.56%.

Samolet Group of Companies

Service Samolet Plus sells primary real estate, but the company intends to focus on secondary real estate: it is a huge unstructured market, where there are still no standards of service. Secondary real estate accounts for about 70% of transactions. A key feature of the Samolet project is the availability of online and offline windows.